An insulated material is the combination of materials which reduces or prevent the transmission of heat and this materials have low thermal conductivity. Various end-user such as food & beverages, pharmaceutical, chemicals, cosmetics depend heavily on insulated packaging so as to protect the product from volatility in temperature, fire or explosion. Their products need proper packaging because they are subjected to extreme weather conditions, and pressure while transportation. The major drivers of growth of the insulated packaging market are rapid growth in e-commerce trend in emerging nations, rapid growth in urbanization, and increase in per capita income. Other factors responsible for the growth of this market are the rising customer spending, growing concern for the safety of products, growth in pharmaceutical industry, and high disposable income.

The insulated packaging market is expected to grow over the CAGR of around 5% during the period 2016 to 2022.

Asia-pacific region is expected to dominate the insulated packaging market due to the growing end-user application. Due to increase in industrial network, Asia-Pacific region has emerged has the fastest growing region in this market. In Asia-Pacific, China is the largest region contributing to this market. Europe is the second largest region dominating the insulated packaging market due to rapid growth in packaged food industry and growing concern towards the safety of products.

Market Research Analysis

The market is highly based on applications. Food and beverages segment is dominating the insulated packaging market due to growing middle-class population and the growing workforce. Also the use of insulated packaging is higher in food and beverage industry which boosts this market.

The major drivers that have led to the growth of this market are the growing concern for the safety of products, growth in the packaging industry, high disposable income and increase in per capita income.

There are various restraints that hinder the growth of insulated packaging market such as fluctuation in the raw material prices and high competitive environment due to the presence of small and big packaging firms.

This study provides an overview of the global insulated packaging market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global insulated packaging market by material, by packaging type, by application and by region.

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